Resale Changes Eff 4/4/16 -UPDATED AGAIN??

How is this all going to work if a member (like me!) has both DVC points through Disney and DVC points through resale. I can see how they can prevent me from using my resale market points when trying to make a Disney Collection reservation - they can see how many points I have that are "eligible" for such a reservation. But if I show my DVC member card when buying an annual pass at Guest Relations, or making a purchase at a souvenir store, there's no way they're going to know which points I'm using to stay on a particular trip. Actually, if I think it through, I don't even need to be staying in a DVC unit to get a DVC discount on souvenirs on a trip.

So I wonder if I'm reading this correctly - this might only impact people who buy resale-only points after today? Very strange.

ThanxForNoticin;2482071 wrote:
So I wonder if I'm reading this correctly - this might only impact people who buy resale-only points after today? Very strange.

Correct

VWL Mom;2482075 wrote: Correct

I have a tendency to over-think things sometimes!

John;2482037 wrote: The money grab continues - so the only ones who now would benefit from resale are existing members who already have the benefits because they have membership prior to today.

What this may do is really drive down the cost of points on the secondary market...

I know at first I was thinking this was a bad thing for me. We were thinking of buying Vero points but since I already get pass holder and FL resident discounts, there isn't really any current DVC discounts I need, so it could lower prices and be good for me but I am sure my situation is a very small segment.

I guess I'm in the minority here.

To me it's like buying a used car and wanting the milage turned back to 0, as well as getting all of the warranties and bells/whistles that come with a new purchase. If you want to buy used and benefit from the reduced price, you cannot have it both ways.

:shrug:

Carol;2482083 wrote: I guess I'm in the minority here.

To me it's like buying a used car and wanting the milage turned back to 0, as well as getting all of the warranties and bells/whistles that come with a new purchase. If you want to buy used and benefit from the reduced price, you cannot have it both ways.

:shrug:

Exactly, which why I always say to not buy DVC with the perks being one of the reasons. Sure, I miss the complimentary valet parking and it would be nice to have the option to use for the Concierge collection, but that isn't why I bought into DVC or added points.

Carol;2482083 wrote: I guess I'm in the minority here.

To me it's like buying a used car and wanting the milage turned back to 0, as well as getting all of the warranties and bells/whistles that come with a new purchase. If you want to buy used and benefit from the reduced price, you cannot have it both ways.

:shrug:

I guess, but the people buying resale already have a shorter amount of time left on the contract, right? So it would make sense to me that for that fact alone you should expect to pay less on the secondary market.

Also, y'all are talking about how this may drive down secondary market prices, do you think Disney may begin scooping up more of the contracts with ROFR if the resale prices drop?

cer;2482091 wrote: Also, y'all are talking about how this may drive down secondary market prices, do you think Disney may begin scooping up more of the contracts with ROFR if the resale prices drop?

Possible, but they'll only exercise ROFR if there is demand for any of these resale contracts. It doesn't make business sense to buy back contracts if they don't have requests for them.

Wow...that's a lot to keep track of. So Disney effectively has class A, B and C members? Class A get all right, class B can't book to concierge or DCL and class C gets the same treatment as B but also looses meal, merch and ticket discounts? Will they get a different color card or something to distinguish them? That's a tough conversation for the cast member at check out, "Oh, I'm sorry but you're not the right kind of DVC member to get these discounts..." Buying used for us was not a tough factor because we weren't interested in concierge or DCL (on points/$$$), but this is a whole different ball game. Still...if you are serious about going to WDW frequently then the math has to pay off, even without the perks.

baldburke;2482180 wrote: Will they get a different color card or something to distinguish them?

Rumor has it they will not be getting a card at all since they won't need to show it. May also explain, in part, the change in cards earlier this year.

VWL Mom;2482182 wrote: May also explain, in part, the change in cards earlier this year.

Yep, I was wondering the same thing after reading through this post.

I bought resale in 2013. As long as I get to duck into the DVC Lounge at Epcot to escape the heat, I'm good. Discounts on merchandise was not enough to steer me in either direction and neither was pool-hopping, which is available at all pools (except for pools X, Y, Z, A, B, C...) :blush:

UPDATE:

It is now being reported that an email was sent out by TSS and others to their clients that reads anyone closing after 4/4/16 will not get benefits. It's also been posted by another broker on FB. Please, if you have contracts pending, call your agent.

Honestly, I don't know how low Disney can sink. It is my understanding that the brokers were notified by Disney yesterday that as long as it was in ROFR, the old terms would be honored. Now to turn around and contact them after 4PM today and basically say "we changed our minds" is below low. I can see a this causing some sort of class action suit by those affected as the terms of the contract changed while in Disney's hands.

And having a top executive leave in the midst of all the recent announcements makes me wonder what's really up.

VWL Mom;2482214 wrote: UPDATE:
Honestly, I don't know how low Disney can sink. It is my understanding that the brokers were notified by Disney yesterday that as long as it was in ROFR, the old terms would be honored. Now to turn around and contact them after 4PM today and basically say "we changed our minds" is below low. I can see a this causing some sort of class action suit by those affected as the terms of the contract changed while in Disney's hands.

And having a top executive leave in the midst of all the recent announcements makes me wonder what's really up.

I find some comments on some other boards saying there was no miscommunication or that it doesn't matter if there was or not to be a bit ridiculous.


When I call Member Administration and am told something, as far as I am concerned, it is an official communication from an authorized representative of DVC. When I call back a day later and get a completely different response from the same group, a miscommunication has occurred. Like it or not, DVC bungled the communication. I don't believe there was any intentional misrepresentation going on or that DVC changed its mind in one day on a policy they must have thought through. I just believe they dropped the ball and didn't send a clear message. They caused emotional damage to those people that for a day, thought they had squeaked by and still were getting the discounts and benefits.


if I was SVP of DVC, I'd issue an apology and stick with the original statement. The goodwill generated would be well worth it. It really wouldn't cost them anything but it would improve the goodwill among a population of their members.


Do do I believe DVC is going to do this. No way, as DVC's recent actions show they don't care. The change in the policy doesn't bother me one bit, as it's completely within their rights to make this change. I was wondering why they didn't do this before.


The only thing I'm miffed at is the communication gaffe.

AgentC;2482082 wrote: I know at first I was thinking this was a bad thing for me. We were thinking of buying Vero points but since I already get pass holder and FL resident discounts, there isn't really any current DVC discounts I need, so it could lower prices and be good for me but I am sure my situation is a very small segment.

I had the exact same thought process, FL resident, passholder, Tables in Wonderland, I wouldn't use the discounts anyway. I hope John's right about driving down resale prices.

:sulley: